PARIS, Feb 11 (Reuters) - The European Union will provide 50 billion euros ($51.6 billion) of EU funds to bolster the bloc's artificial intelligence ambitions, European Commission President Ursula ...

“Many are either celebrating or mourning about the decision of the EU to withdraw the proposal for a new AI Liability Directive. Both are out of place. “The AI Liability Directive was only one ...

She has seized on AI as a potential magic wand to invigorate Europe’s sluggish economy. The EU’s AI pitch will go global at the Feb. 10-11 AI Action Summit in France, where the bloc’s top brass will ...

The EU AI Champions Initiative, led by venture capital firm General Catalyst, is bringing together more than 60 organisations – including pharma giant Novo Nordisk and AI tech specialists that ...

Last week, the first provisions of the EU AI Act came into effect, including the banning of certain AI systems outlined as posing “unacceptable risk.” Article 5 of the EU AI Act, which is now ...

Vance promoted America-first AI policies during his address, echoing a push by French President Emmanuel Macron for the EU to embrace a deregulatory environment to encourage more AI development on ...

Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, talked up the potential of homegrown AI startups but said the region’s developers must ...

The EU Commission presented a new AI initiative in Paris. A total of 200 billion euros is to be mobilized, including for AI gigafactories. EU Commission President Ursula von der Leyen presented a ...

The gigafactories funded through InvestAI aims to be the largest public-private partnership in the world for the development of trustworthy AI, according to the EU executive. The Commission's ...